Archives for March 1, 2005

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Boots issues profit warning

UK cosmetics retailer Boots has warned that its full year profits are likely to be impacted by low levels of consumer spending. The announcement follows a disappointing December and January that saw consumer spending well down on the previous year,...

Oriflame reshuffles executive board

Oriflame's less than impressive debut as a public listed company and falling profits has prompted major boardroom changes, highlighted by the appointment of Magnus Brännström as the company's new CEO, Simon Pitman reports.

Shiseido eyes Thai herbal ingredients

Shiseido, Japan's leading cosmetics group, has commenced a joint research project in an effort to discover new herbal ingredients for its cosmetic products, writes Simon Pitman.